Panama Foreign Investment Up 11%
Source: Centralamerica Data
Between January and March, $1,315 million came into the country in foreign direct investment, representing an increase of almost 11% compared to the same period in 2016.
From a report compiled by the General Comptroller of the Republic:
Foreign direct investment, during the first quarter of 2017, totaled B /.1,315.4 million, representing 10.7 percent more than the B /. 1,188.7 million recorded during the same period last year, according to preliminary figures from the National Statistics and Census Institute (INEC) at the Office of the Comptroller General of the Republic.
INEC statistics indicate that, in the first three months of 2017, general license banks registered foreign direct investment in the amount of 160 million 900 thousand balboas, 3.7 percent more than the 155 million 200 thousand balboas in the first quarter of 2016.